SPDR Portfolio Emerging Markets ETF $SPEM Shares Sold by World Investment Advisors

World Investment Advisors lessened its holdings in shares of SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 47.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,524 shares of the company’s stock after selling 25,668 shares during the quarter. World Investment Advisors’ holdings in SPDR Portfolio Emerging Markets ETF were worth $1,338,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF in the fourth quarter valued at approximately $289,000. AQR Capital Management LLC increased its position in shares of SPDR Portfolio Emerging Markets ETF by 80.2% in the 1st quarter. AQR Capital Management LLC now owns 31,388 shares of the company’s stock valued at $1,236,000 after purchasing an additional 13,972 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of SPDR Portfolio Emerging Markets ETF by 6.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 104,799 shares of the company’s stock valued at $4,126,000 after purchasing an additional 6,463 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of SPDR Portfolio Emerging Markets ETF by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 9,682 shares of the company’s stock valued at $414,000 after purchasing an additional 263 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the 2nd quarter valued at $768,000.

SPDR Portfolio Emerging Markets ETF Price Performance

Shares of NYSEARCA SPEM opened at $51.01 on Wednesday. The business has a 50-day moving average of $51.76 and a two-hundred day moving average of $49.73. The company has a market capitalization of $17.22 billion, a price-to-earnings ratio of 15.39 and a beta of 0.60. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.